questions: 1) What is HiTech's pool rate for the material-handling activity closest to? 2)What is...

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Accounting

questions:

1) What is HiTech's pool rate for the material-handling activity closest to?

2)What is HiTech's pool rate for the automated machinery activity closest to?

3)What is HiTech's pool rate for the finishing activity closest to?

4) What is HiTech's pool rate for the packaging activity closest to?

5) Under an activity-based costing system, what is the per-unit overhead cost of Economy? (Do not round your intermediate calculations round your final answer to 2 decimal places.)

HiTech Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below.

Activity Cost Cost Driver
Material handling $298,000 Number of parts
Material insertion 3,060,000 Number of parts
Automated machinery 865,000 Machine hours
Finishing 183,000 Direct labor hours
Packaging 183,000 Orders shipped
Total $4,589,000

The following information pertains to the three product lines for next year:

Economy Standard Deluxe
Units to be produced 12,000 3,200 2,700
Orders to be shipped 1,020 410 295
Number of parts per unit 5 10 15
Machine hours per unit 1 3 6
Labor hours per unit 2 2 2

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